In the News
May 17, 2023
We are very excited to announce our partnership with Investment Management of Virginia, LLC (IMVA). The path ahead is bright and we are excited to have the IMVA team join us on that journey!
Read MoreRead More
Pinnacle Insights
April 6, 2023
Pinnacle Associates congratulates Jim Ferrare, CFA, CPA on being included in this year’s Forbes Best in State Wealth Advisors rankings as recognition of his commitment to putting clients first, leading with exceptional ideas, and demonstrating integrity. It’s the sixth year in a row that Jim has been included on the list.
Read MoreRead MoreIn the News
February 9, 2023
Pinnacle Associates Portfolio Manager @Randy Baron joined @The Business Brew podcast this week to discuss his #investment philosophy and interest in the #synthetic biology space. Bill and Randy explore the ethos of high conviction investing, especially in the current market backdrop.
Read MoreRead More
In the News
January 24, 2023
Pinnacle Associates Portfolio Manager @Randy Baron explains to @Forbes why @MiX Telematics (MIXT) is unlikely to be the first name that comes to mind when speaking about tech, but it has an important spot in how tech supports the global supply chain as one of the biggest players in tracking vehicle fleets.
Read MoreRead MoreCommentary & Outlook
January 13, 2023
While the #economic picture remains uncertain, we believe the set-up in the #financial market is positive both for #investors in fixed income and for longer-term holders of equities. Read Pinnacle Associates latest investor letter authored by Portfolio Manager Patrick Wells here.
Read MoreRead MoreIn the News
December 28, 2022
Stock picking has always been tricky, especially in a challenging environment of elevated #inflation and rising #interest rates, which has been the case recently and will continue into 2003. Pinnacle Associates Portfolio Manager @Randy Baron explains why he likes @Amyris and @Renalytix AI.
Read MoreRead More
Pinnacle Insights
November 23, 2022
The IRS recently issued Notice 2022-53 providing guidance that they intend to issue final regulations re- lating to required minimum distribution rules for certain inherited IRAs. The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) made changes to distribution rules for IRA bene- ficiaries. The Act maintained the ability to stretch annual distributions over the remaining life expectancy for eligible designated beneficiaries (spouses, individuals not more than ten years younger than the IRA owner, chronically ill or disabled persons and minor children) but implemented a new 10-year distribution rule for most other beneficiary types (adult children, siblings, certain trusts, etc.).
Read MoreRead More
In the News
November 23, 2022
Pinnacle Associates Portfolio Manager Monica Jalife’s latest article for Forbes explains why women should take an active role in the planning and #investment decisions from an early age. By participating in the planning and #investing conversations from early on, #women are empowered and prepared for those difficult moments in which the other spouse may not be there.
Read MoreRead MoreCommentary & Outlook
November 11, 2022
Stocks rebounded nicely in October after a particularly sloppy September. Most of the gains came in the last two weeks of the month, as investors became increasingly hopeful once again that the Fed might be nearing the end of this aggressive phase of its monetary policy, and reports surfaced that the Fed was debating how to slow down the pace of their rate hikes. In addition, there was growing evidence that the Fed’s rate hikes, executed at the fastest pace in history, were starting to have a meaningful impact on overall economic growth.
Read MoreRead More
In the News
November 1, 2022
I have learned many things through my journey. I realized that I am resilient and a fighter. I also have learned to be more assertive and to keep moving forward. When things are not going my way, one great lesson has been to know when to pivot and when to keep pushing forward with the same idea. It has been an incredible journey, with its ups and downs - but with an abundance of life lessons and great memories.
Read MoreRead More
Pinnacle Insights
October 31, 2022
As the nation gears up for winter and the holiday season, markets are not leaving investors much in terms of reasons to be cheerful in 2022. Despite the seemingly constant flow of negative news, Pinnacle Associates aims to provide clarity regarding what is going on in stock and bond #markets and the #economy and what #investors can expect moving forward. Read more here.
Read MoreRead MoreCommentary & Outlook
October 11, 2022
With #bearish indicators near all-time highs and #earnings expectations low, the #market could be setting up for a year-end relief rally, similar to what we saw after second quarter results. There is encouraging news on the #inflation front, as despite still-high broad inflation readings, many industrial and agricultural commodities are well off their highs. Read more here from Pinnacle Associates’ SMID team.
Read MoreRead More
In the News
October 10, 2022
Pinnacle Associates Portfolio Manager Randy Baron explains to @Entrepreneur Magazine why #biotech Amyris (NASDAQ: AMRS) appears well-positioned to capitalize on a growing interest in environmentally #sustainable replacements for ingredients in #consumer products.
Read MoreRead MoreCommentary & Outlook
October 7, 2022
Our strategy increased 2.3 percent (gross of fees) this quarter, exceeding the MSCI EAFE Small Cap Index, which decreased 11.0 percent. Year to date, we are -50.9 percent, versus -33.3 percent for the benchmark. After a frantic sell off in the first half of the year, the third quarter began with a breather. Almost two months of meaningful stock gains were propelled by the market’s reasonable confidence that central banks around the world could defeat inflation and normalize two decades of extraordinarily low interest rates without sparking a recession.
Read MoreRead MorePinnacle Insights
October 7, 2022
As long-term #investors, Pinnacle Associates focuses on the longer-term prospects for the individual companies in which we invest, and we continue to believe the future is bright for many of the companies in our universe, notwithstanding the near-term #market difficulties. We favor companies that have growth potential and the ability to significantly grow free #cash flow on.
Read MoreRead More
In the News
September 26, 2022
Will Synthetic Biology Firm @Amyris Post Net Income In 2024? Amyris, a #synthetic biology company has been growing revenue through sales of consumer products at #Sephora, and through its ingredients line of business. In an exclusive interview with @MarketBeat, Pinnacle Associates Portfolio Manager @Randy Baron said his models show the company will have a run rate of $1 billion in revenue by Q4 2023. He expects the company to post net income in 2024.
Read MoreRead MoreCommentary & Outlook
September 16, 2022
As long-term #investors, Pinnacle Associates focuses on the longer-term prospects for the individual companies in which we invest. We continue to believe the future is bright for many of the companies in our Small-Mid Cap #Portfolio, (SMID) notwithstanding the near-term #market difficulties. Read more here from our SMID team.
Read MoreRead More
Pinnacle Insights
August 31, 2022
Last week, during the Fed’s wildly anticipated annual Jackson Hole meeting, Chairman Jerome Powell delivered hawkish remarks on the economy and the degree to which the central bank is going to focus, at all costs, to bring down inflation. He talked about the consequences of tight monetary policy and how it may mean a period of difficulty for the labor market and economic growth, but this cost is necessary to get inflation under control. In the 1980s, Paul Volcker eased up on their policy too quickly and inflation accelerated again.
Read MoreRead More
In the News
August 15, 2022
Starting a new business is no easy feat, but if you are determined to make your dream come true and simply don’t know where to start, it’s wise to begin with a gradual, step-by-step approach. Here are a few considerations as you embark on your new endeavor. These tips will help at every stage of building your business.
Read MoreRead More
Pinnacle Insights
August 15, 2022
Pinnacle Associates Portfolio Manager Patrick Wells provided commentary on Charlotte, NC-based Truist Financial Corp’s earnings call this week for an article in the Charlotte Business Journal #. He noted that although the #bank spotted early signs of growing #consumer payment delinquency, spending in #markets such as travel and electronics have remained steady across the board.
Read MoreRead More
Pinnacle Insights
August 5, 2022
After a dismal first half of 2022 for stocks and bonds, the S&P 500 was up 9.1% for the month of July and over 12.5% off the lows, as investors saw reasons to rush back into some areas of the market that had been beaten up the worst. For example, the Nasdaq was up 12.4% last month after better-than-expected forward guidance from some of the largest companies in the world.
Read MoreRead MoreCommentary & Outlook
May 27, 2022
Pinnacle Associates’ Portfolio Manager Monica Jalife recently interviewed Dr. David Kelly during a fireside chat that covered many topics, including his thoughts on the Federal Reserve raising interest rates.
Read MoreRead More
Pinnacle Insights
March 4, 2022
Overnight, Russian President Vladimir Putin announced a military operation in Ukraine. The assault began before dawn with a series of missile attacks in different locations including some near the capital city Kyiv and forces attacked from three different sides.
Read MoreRead MoreCommentary & Outlook
March 4, 2022
While economic data holds an important place in our investment process, qualitative observations can be equally helpful in putting together a complete view of where we are and where we are headed.
Read MoreRead More
In the News
March 4, 2022
U.S. investors are snapping up funds that invest in dividend-paying stocks as they search for stable income from alternatives to bond markets, which are being roiled by the prospect of rate rises.
Read MoreRead More
In the News
March 4, 2022
Collectively, the women on this esteemed list manage $1.9 trillion. We’re proud of Monica and her team for their continued dedication to client service and dedicated thought leadership.
Read MoreRead More
In the News
March 4, 2022
“Companies will need to provide more disclosures in terms of the initiatives they are undertaking to address climate change, but it should not end there."
Read MoreRead MoreIn the News
May 17, 2023
We are very excited to announce our partnership with Investment Management of Virginia, LLC (IMVA). The path ahead is bright and we are excited to have the IMVA team join us on that journey!
Read MoreRead MoreIn the News
February 9, 2023
Pinnacle Associates Portfolio Manager @Randy Baron joined @The Business Brew podcast this week to discuss his #investment philosophy and interest in the #synthetic biology space. Bill and Randy explore the ethos of high conviction investing, especially in the current market backdrop.
Read MoreRead MoreIn the News
January 24, 2023
Pinnacle Associates Portfolio Manager @Randy Baron explains to @Forbes why @MiX Telematics (MIXT) is unlikely to be the first name that comes to mind when speaking about tech, but it has an important spot in how tech supports the global supply chain as one of the biggest players in tracking vehicle fleets.
Read MoreRead MoreIn the News
December 28, 2022
Stock picking has always been tricky, especially in a challenging environment of elevated #inflation and rising #interest rates, which has been the case recently and will continue into 2003. Pinnacle Associates Portfolio Manager @Randy Baron explains why he likes @Amyris and @Renalytix AI.
Read MoreRead MoreIn the News
November 23, 2022
Pinnacle Associates Portfolio Manager Monica Jalife’s latest article for Forbes explains why women should take an active role in the planning and #investment decisions from an early age. By participating in the planning and #investing conversations from early on, #women are empowered and prepared for those difficult moments in which the other spouse may not be there.
Read MoreRead MoreIn the News
November 1, 2022
I have learned many things through my journey. I realized that I am resilient and a fighter. I also have learned to be more assertive and to keep moving forward. When things are not going my way, one great lesson has been to know when to pivot and when to keep pushing forward with the same idea. It has been an incredible journey, with its ups and downs - but with an abundance of life lessons and great memories.
Read MoreRead MoreIn the News
October 10, 2022
Pinnacle Associates Portfolio Manager Randy Baron explains to @Entrepreneur Magazine why #biotech Amyris (NASDAQ: AMRS) appears well-positioned to capitalize on a growing interest in environmentally #sustainable replacements for ingredients in #consumer products.
Read MoreRead MoreIn the News
September 26, 2022
Will Synthetic Biology Firm @Amyris Post Net Income In 2024? Amyris, a #synthetic biology company has been growing revenue through sales of consumer products at #Sephora, and through its ingredients line of business. In an exclusive interview with @MarketBeat, Pinnacle Associates Portfolio Manager @Randy Baron said his models show the company will have a run rate of $1 billion in revenue by Q4 2023. He expects the company to post net income in 2024.
Read MoreRead MoreIn the News
August 15, 2022
Starting a new business is no easy feat, but if you are determined to make your dream come true and simply don’t know where to start, it’s wise to begin with a gradual, step-by-step approach. Here are a few considerations as you embark on your new endeavor. These tips will help at every stage of building your business.
Read MoreRead MoreIn the News
March 4, 2022
U.S. investors are snapping up funds that invest in dividend-paying stocks as they search for stable income from alternatives to bond markets, which are being roiled by the prospect of rate rises.
Read MoreRead MoreIn the News
March 4, 2022
Collectively, the women on this esteemed list manage $1.9 trillion. We’re proud of Monica and her team for their continued dedication to client service and dedicated thought leadership.
Read MoreRead MoreIn the News
March 4, 2022
“Companies will need to provide more disclosures in terms of the initiatives they are undertaking to address climate change, but it should not end there."
Read MoreRead MorePinnacle Insights
April 6, 2023
Pinnacle Associates congratulates Jim Ferrare, CFA, CPA on being included in this year’s Forbes Best in State Wealth Advisors rankings as recognition of his commitment to putting clients first, leading with exceptional ideas, and demonstrating integrity. It’s the sixth year in a row that Jim has been included on the list.
Read MoreRead MorePinnacle Insights
November 23, 2022
The IRS recently issued Notice 2022-53 providing guidance that they intend to issue final regulations re- lating to required minimum distribution rules for certain inherited IRAs. The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) made changes to distribution rules for IRA bene- ficiaries. The Act maintained the ability to stretch annual distributions over the remaining life expectancy for eligible designated beneficiaries (spouses, individuals not more than ten years younger than the IRA owner, chronically ill or disabled persons and minor children) but implemented a new 10-year distribution rule for most other beneficiary types (adult children, siblings, certain trusts, etc.).
Read MoreRead MorePinnacle Insights
October 31, 2022
As the nation gears up for winter and the holiday season, markets are not leaving investors much in terms of reasons to be cheerful in 2022. Despite the seemingly constant flow of negative news, Pinnacle Associates aims to provide clarity regarding what is going on in stock and bond #markets and the #economy and what #investors can expect moving forward. Read more here.
Read MoreRead MorePinnacle Insights
October 7, 2022
As long-term #investors, Pinnacle Associates focuses on the longer-term prospects for the individual companies in which we invest, and we continue to believe the future is bright for many of the companies in our universe, notwithstanding the near-term #market difficulties. We favor companies that have growth potential and the ability to significantly grow free #cash flow on.
Read MoreRead MorePinnacle Insights
August 31, 2022
Last week, during the Fed’s wildly anticipated annual Jackson Hole meeting, Chairman Jerome Powell delivered hawkish remarks on the economy and the degree to which the central bank is going to focus, at all costs, to bring down inflation. He talked about the consequences of tight monetary policy and how it may mean a period of difficulty for the labor market and economic growth, but this cost is necessary to get inflation under control. In the 1980s, Paul Volcker eased up on their policy too quickly and inflation accelerated again.
Read MoreRead MorePinnacle Insights
August 15, 2022
Pinnacle Associates Portfolio Manager Patrick Wells provided commentary on Charlotte, NC-based Truist Financial Corp’s earnings call this week for an article in the Charlotte Business Journal #. He noted that although the #bank spotted early signs of growing #consumer payment delinquency, spending in #markets such as travel and electronics have remained steady across the board.
Read MoreRead MorePinnacle Insights
August 5, 2022
After a dismal first half of 2022 for stocks and bonds, the S&P 500 was up 9.1% for the month of July and over 12.5% off the lows, as investors saw reasons to rush back into some areas of the market that had been beaten up the worst. For example, the Nasdaq was up 12.4% last month after better-than-expected forward guidance from some of the largest companies in the world.
Read MoreRead MorePinnacle Insights
March 4, 2022
Overnight, Russian President Vladimir Putin announced a military operation in Ukraine. The assault began before dawn with a series of missile attacks in different locations including some near the capital city Kyiv and forces attacked from three different sides.
Read MoreRead MoreCommentary & Outlook
January 13, 2023
While the #economic picture remains uncertain, we believe the set-up in the #financial market is positive both for #investors in fixed income and for longer-term holders of equities. Read Pinnacle Associates latest investor letter authored by Portfolio Manager Patrick Wells here.
Read MoreRead MoreCommentary & Outlook
November 11, 2022
Stocks rebounded nicely in October after a particularly sloppy September. Most of the gains came in the last two weeks of the month, as investors became increasingly hopeful once again that the Fed might be nearing the end of this aggressive phase of its monetary policy, and reports surfaced that the Fed was debating how to slow down the pace of their rate hikes. In addition, there was growing evidence that the Fed’s rate hikes, executed at the fastest pace in history, were starting to have a meaningful impact on overall economic growth.
Read MoreRead MoreCommentary & Outlook
October 11, 2022
With #bearish indicators near all-time highs and #earnings expectations low, the #market could be setting up for a year-end relief rally, similar to what we saw after second quarter results. There is encouraging news on the #inflation front, as despite still-high broad inflation readings, many industrial and agricultural commodities are well off their highs. Read more here from Pinnacle Associates’ SMID team.
Read MoreRead MoreCommentary & Outlook
October 7, 2022
Our strategy increased 2.3 percent (gross of fees) this quarter, exceeding the MSCI EAFE Small Cap Index, which decreased 11.0 percent. Year to date, we are -50.9 percent, versus -33.3 percent for the benchmark. After a frantic sell off in the first half of the year, the third quarter began with a breather. Almost two months of meaningful stock gains were propelled by the market’s reasonable confidence that central banks around the world could defeat inflation and normalize two decades of extraordinarily low interest rates without sparking a recession.
Read MoreRead MoreCommentary & Outlook
September 16, 2022
As long-term #investors, Pinnacle Associates focuses on the longer-term prospects for the individual companies in which we invest. We continue to believe the future is bright for many of the companies in our Small-Mid Cap #Portfolio, (SMID) notwithstanding the near-term #market difficulties. Read more here from our SMID team.
Read MoreRead MoreCommentary & Outlook
May 27, 2022
Pinnacle Associates’ Portfolio Manager Monica Jalife recently interviewed Dr. David Kelly during a fireside chat that covered many topics, including his thoughts on the Federal Reserve raising interest rates.
Read MoreRead MoreCommentary & Outlook
March 4, 2022
While economic data holds an important place in our investment process, qualitative observations can be equally helpful in putting together a complete view of where we are and where we are headed.
Read MoreRead More
Founded in 1984, Pinnacle Associates, Ltd. is a forward thinking, multi-billion dollar investment advisory firm focused on transparency and putting clients first. We provide advice to individuals and families, institutional investors and other financial institutions.
